UNCTAD issued its Asia-Pacific Trade and Investment Report 2019 highlighting that these tariffs affect the 58% of trade in Asia-Pacific trade, adding that the non-tariff measures (NTMs) have significantly increased in the past two decades.
Due to unresolved trade tensions, high international policy uncertainty and declining business confidence, the UN announced on May 21, a broad-based slowdown in the global economy and cut its growth predictions. UN also informed that a weaker global economy puts essential investments at risk. Developing countries could feel the most impacts.
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Watch: Bulk carrier suffers fire off Vietnam15/11/2019
NEAFC adopts fishing conservation and enforcements measures for 202015/11/2019
Grain LNG sets record for gas send-out from a European terminal15/11/2019
Oil and gas players join forces to qualify subsea gas separation15/11/2019
US natural gas production, consumption, exports achieve record in 201815/11/2019
Hazira Passenger Ferry Terminal to begin operations15/11/2019
Port of Savannah sets October tonnage record15/11/2019
Scottish maritime sector on the rise, report finds15/11/2019
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